Quit trading Strat – on same day

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01/17/2021 at 1:32 PM #158153 quote
Monobrow
Participant

Senior
Hi All

I’ve been using this code to quit trading from the forum (thank you!), but figured it would be “even better”, if it could be adjusted so it only quits for trades lost in succession on the same day/period. I’m less worried about losses over multiple days as “stuff happens”, but on the same day its usually not going to be good for my algo!

I had a go with using Today, but couldnt figure out how to work out what the day was 🙁
```
// QUIT Trading Strat
if strategyprofit <> strategyprofit[1] then
if positionperf(1)<0 then
Count=Count+1
else
Count=0
endif
endif

if Count >=3 then
QUIT
endif
```
I’m hopeful one of you Pro’s can help 🙂

Thanks!
01/17/2021 at 2:50 PM #158163 quote
Monobrow
Participant

Senior
Haha, im an idtiot, was pretty simple in the end 🙂
```
// QUIT Trading Strat
if strategyprofit <> strategyprofit[1] then
if positionperf(1)<0 and Day=Day[1] then
Count=Count+1
else
Count=0
endif
endif

if Count >=3 then
QUIT
endif
```
just changed line 3, idk if this is the best way, but it did what I wanted, also open to smarter ideas, or ideas where we can define more specific periods . thanks!

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Quit trading Strat – on same day

ProOrder: Automated Strategies & Backtesting

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Monobrow @monobrow Participant

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This topic contains 1 reply,
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5 years, 1 month ago.

Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	01/17/2021
Status:	Active
Attachments:	No files

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